Fighting With The Power Of Attorney

Roger's story is certainly not out of the norm. As younger generations continuously move out of state, their aging parents are often left alone or at the mercy of whatever family remains local.

Luckily, in New York State adult siblings now have a simple mechanism in the law to hold their siblings or whomever is managing their parents' finances accountable. The General Obligations Law provides that if you are the spouse or child of someone who has a Power of Attorney that is acting for them you are entitled to:

1. A copy of the Power of Attorney;
2. A legal determination on the validity of the Power of Attorney;
3. A legal determination whether the principal had capacity to sign the Power of Attorney;
4. A legal determination whether the Power of Attorney was the product of duress, fraud or undue influence;
5. A legal determination whether the Agent under the Power of Attorney is entitled to compensation;
6. A legal determination to approve the receipts, disbursements and transactions under the Power of Attorney;
7. To remove the Agent

This is not meant to be an exhaustive list, but just a sampling of the remedies a frustrated sibling or child can utilize under the General Obligations Law. By far the two provisions we use the most are to compel an actual copy of the Power of Attorney be distributed to the children or siblings and to compel an accounting of the receipts, disbursements and transactions from the Agent.

These changes in the law provided a tremendous amount of relief to siblings and children of those with a Power of Attorney, especially in the face of rising amounts of financial exploitation by people using the Power of Attorney document. If you have a dispute with a family member over a Power of Attorney, contact our office today, info@themarronelawfirm.com, or (315) 728-9433.